Invesco QQQ (NASDAQ:QQQ) Stock Holdings Decreased by Roundview Capital LLC

Roundview Capital LLC lowered its position in shares of Invesco QQQ (NASDAQ:QQQ – Free Report) by 0.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 53,191 shares of the exchange traded fund’s stock after selling 101 shares during the period. Invesco QQQ accounts for approximately 1.9% of Roundview Capital LLC’s portfolio, making the stock its 7th largest position. Roundview Capital LLC’s holdings in Invesco QQQ were worth $19,650,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of QQQ. Ironwood Wealth Management LLC. grew its stake in shares of Invesco QQQ by 7.4% during the first quarter. Ironwood Wealth Management LLC. now owns 5,505 shares of the exchange traded fund’s stock worth $1,996,000 after purchasing an additional 381 shares in the last quarter. Axiom Financial Strategies LLC boosted its stake in Invesco QQQ by 11.6% in the first quarter. Axiom Financial Strategies LLC now owns 816 shares of the exchange traded fund’s stock valued at $255,000 after acquiring an additional 85 shares in the last quarter. Brown Brothers Harriman & Co. boosted its stake in Invesco QQQ by 11.2% in the first quarter. Brown Brothers Harriman & Co. now owns 2,750 shares of the exchange traded fund’s stock valued at $997,000 after acquiring an additional 278 shares in the last quarter. Covestor Ltd boosted its stake in Invesco QQQ by 309.2% in the first quarter. Covestor Ltd now owns 446 shares of the exchange traded fund’s stock valued at $162,000 after acquiring an additional 337 shares in the last quarter. Finally, Prudential Financial Inc. boosted its stake in Invesco QQQ by 245.8% in the first quarter. Prudential Financial Inc. now owns 303,935 shares of the exchange traded fund’s stock valued at $110,188,000 after acquiring an additional 216,043 shares in the last quarter. Institutional investors and hedge funds own 43.95% of the company’s stock.

Invesco QQQ Stock Performance

NASDAQ QQQ traded up $8.32 during trading hours on Friday, hitting $378.39. The company had a trading volume of 58,368,439 shares, compared to its average volume of 56,021,272. Invesco QQQ has a 1-year low of $259.73 and a 1-year high of $387.98. The business has a 50 day moving average of $364.30 and a 200-day moving average of $360.86.

Invesco QQQ Dividend Announcement

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The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 31st. Shareholders of record on Tuesday, September 19th were paid a $0.5389 dividend. The ex-dividend date was Monday, September 18th. This represents a $2.16 annualized dividend and a yield of 0.57%.

About Invesco QQQ

(Free Report)

PowerShares QQQ Trust, Series 1 is a unit investment trust that issues securities called Nasdaq-100 Index Tracking Stock. The Trust’s investment objective is to provide investment results that generally correspond to the price and yield performance of the Nasdaq-100 Index. The Trust provides investors with the opportunity to purchase units of beneficial interest in the Trust representing proportionate undivided interests in the portfolio of securities held by the Trust, which consists of substantially all of the securities, in substantially the same weighting, as the component securities of the Nasdaq-100 Index.